Menu
Sister Sites

  • Juncker to propose breaking US dollar’s dominance in global markets

    From euractiv.com

    European Commission President Jean-Claude Juncker is expected to propose today (12 September) a bigger role for euro in international markets and more efficient decision-making in EU foreign policy in his state of the union speech, European diplomats said. According to officials, Juncker would like to achieve three goals before the European elections next May: the ratification of the EU-Japan trade deal; a political agreement among member states on the multi-annual financial framework (the EU´s long-term budget); and to start breaking the dollar’s dominance in global markets. “The moment you start to be aware of ... (full story)

"Juncker to propose breaking US dollar’s dominance in global markets" .. with what? SOCIALISM???
Is this the next stage of a European Super-State and ultimate global Domination from Berlin Brussels?
Quoting nbfx
Is this the next stage of a European Super-State and ultimate global Domination from Berlin Brussels?
No, this is the next stage of a European Super-State and ultimate global Domination from Berlin Brussels Russia?
lol
Quoting joancb
{quote} No, this is the next stage of a European Super-State and ultimate global Domination from Berlin Brussels Russia? lol
LOL yeah could be. Moscow will have so much leverage once that pipeline is open and Vlad is busily flexing his muscles...
  •  Guest
  • | IP XX.XXX.237.65
that because they are failing miserably and now will try to talk up the euro , nothing else left in the armoury , if i was any more short the euro id be a dwarf...
reduce bond buying , tapering , put up interest rates in 2030 , give me a break , all talk no trousers ...short till it dies ..
I love his comment “The moment you start to be aware of it you can change it”
Looks like he is finally becoming aware of it LOL
"continent-to-continent trade agreement with Africa" how does that work? Who signs for Africa? I guess Brussel signs for Europe
This is the new world order, my friends. Asia, Africa, South America and now Europe all shifting away from the US. If the dollar is losing its status as the reserve currency of the world and is looking that way, then the US with all of its dept will be in serious trouble. Looks like everyone is trying to take advantage now that the US has a weak president who has the understanding of a five, or six-year-old when it comes to foreign policy.
Do not blame anyone except trump. He will isolate u.s from the world. And if putin is behind him, he is doing well.
Sure... move away from the dollar they said.. good luck with that bet... perhaps this time it will work out for the Ruble.. ;-p

First heard this whole idea like 20 years ago..

https://www.amazon.com/Rubles-Dollars-Exploding-Financial-Frontier/dp/0735200629
I read a few months back aout the dollar being the best of several ugly sisters. The banks of the world will prop up this fiat scheme and it could go on for a good while yet at least I bloody hope so. The euro to dominate the dollar.... Maybe but it wont be done by any genius of Junker et al.
The elites think we are stupid. They are in the main quite correct.
The euro will only reign for a short while.President of Europe, the return of 'Rome' or not. what is the new invention beyond that....
I just don't like the idea that one currency should hold the monopoly in the world. It just gives one country way too much power to manipulate the markets in any which way it wants to. And if there is that one country that is entrusted with such a huge responsibility then maybe they just have to be reminded every once in a while.
  • New Comment
  •  Guest
  • | IP XX.XX.14.85
Join FF
  • Story Stats
  • Posted: Sep 12, 2018 1:09am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 14  /  Views: 4,419